Research Analysts Offer Predictions for Argonaut Gold Inc.’s FY2023 Earnings (TSE:AR)

Argonaut Gold Inc. (TSE:AR) – Equities researchers at Desjardins issued their FY2023 EPS estimates for Argonaut Gold in a research note issued on Tuesday, November 14th. Desjardins analyst J. Sclodnick anticipates that the mining company will earn $0.01 per share for the year. Desjardins currently has a “Hold” rating and a $0.60 target price on the stock. The consensus estimate for Argonaut Gold’s current full-year earnings is $0.01 per share. Desjardins also issued estimates for Argonaut Gold’s FY2024 earnings at $0.04 EPS and FY2025 earnings at $0.07 EPS.

Argonaut Gold Trading Down 6.0 %

TSE:AR opened at C$0.40 on Friday. Argonaut Gold has a 52 week low of C$0.34 and a 52 week high of C$0.77. The firm has a 50-day moving average price of C$0.53 and a two-hundred day moving average price of C$0.57. The company has a debt-to-equity ratio of 38.42, a quick ratio of 0.82 and a current ratio of 1.36. The firm has a market cap of C$341.46 million, a price-to-earnings ratio of -0.84 and a beta of 1.49.

About Argonaut Gold

Argonaut Gold Inc engages in gold mining, mine development, and mineral exploration activities at gold-bearing mineral properties in North America. Its primary assets include the El Castillo and San Agustin mines, which together form the El Castillo Complex located in Durango, Mexico; the La Colorada mine located in Sonora, Mexico; the Florida Canyon mine in Nevada, the United States; and the Cerro del Gallo project in Guanajuato, Mexico.